Global Water Resources

GWRS • NASDAQ

Global Water Resources is a regulated water company in the utilities sector on NASDAQ, led by Ron L. Fleming, with a market cap of $243.5M. As of Q3 2025, 29% of shares are held by 91 institutional investors, with Handelsbanken Fonder AB as the largest holder at 6.19%.

President and CEORon L. Fleming

Market Cap$243.5M

Regulated Water

Utilities

Employees109.0

Websitegwresources.com

Country

United States of America

Overview

Overview of institutional ownership in GWRS as of Q3 2025 with a market cap of $283.0M

All Institutions

Institutions: 91
Value Held: $82.5M
Shares Held: 8.0M
Avg Position: $906.4K
Median Position: $154.5K

Hedge Funds

Hedge Funds: 8
Value Held: $8.6M
Shares Held: 832.1K
Avg Position: $1.1M
Median Position: $272.9K

Ownership Breakdown

Institutional (non-HF)

26.12%

$73.9M

Hedge Funds

3.03%

$8.6M

Retail & Other

70.85%

$200.5M

Based on market cap of $283.0M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in GWRS as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
H Handelsbanken Fonder AB Institution	-	$17.5M 0.06% of portfolio	6.19% 1.7M shares	Q2 2017 Held for 8y 5m	$30.8B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$8.2M 0.00% of portfolio	2.89% 794.7K shares	Q2 2016 Held for 9y 5m	$6.69T
B BlackRock, Inc. Institution	-	$5.9M 0.00% of portfolio	2.07% 570.0K shares	Q2 2016 Held for 9y 5m	$5.67T
H HEARTLAND ADVISORS INC Long Only Manager	William Richard Nasgovitz CEO	$4.6M 0.25% of portfolio	1.64% 450.0K shares	Q1 2025 Held for 8 months	$1.9B
Polar Securities Inc. Hedge Fund•Multi-Strategy	Richard Gregory Lemaich CEO	$4.5M 0.13% of portfolio	1.60% 438.9K shares	Q1 2020 Held for 5y 8m	$3.4B
Redmond Asset Management, LLC Long Only Manager	Robert Scott Redmond Managing Partner	$3.4M 0.84% of portfolio	1.20% 330.3K shares	Q1 2020 Held for 5y 8m	$407.3M
TSP Capital Management Group, LLC Private Equity	Aaron Michael Perrine Managing Partner	$3.3M 0.89% of portfolio	1.17% 322.6K shares	Q3 2025 Held for 2 months	$373.7M
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$3.1M 0.00% of portfolio	1.10% 302.7K shares	Q4 2016 Held for 8y 11m	$1.57T
North Star Investment Management Corp. RIA/Wealth	Peter David Gottlieb President	$3.0M 0.19% of portfolio	1.05% 289.4K shares	Q4 2016 Held for 8y 11m	$1.6B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$2.4M 0.00% of portfolio	0.85% 232.2K shares	Q2 2016 Held for 9y 5m	$2.88T

Net Capital Flow

Institutional buying and selling activity for GWRS in Q3 2025

Traded: +$529.7K
Buyers: 42
Sellers: 34
Total Bought: +$5.9M
Total Sold: −$5.4M
Avg Position: $841.6K

Biggest Buyers

Institution	Net Bought	Current Position
TSP Capital Management Group, LLC Private Equity	+$3.3M +322.6K shares	$3.3M 322.6K shares
PENN CAPITAL MANAGEMENT CO INC Long Only Manager	+$502.0K +48.7K shares	$1.8M 178.0K shares
H Handelsbanken Fonder AB Institution	+$257.5K +25.0K shares	$17.5M 1.7M shares
A ATRIA INVESTMENTS LLC Institution	+$242.8K +23.6K shares	$404.8K 39.3K shares
GOLDMAN SACHS GROUP INC Institution	+$219.6K +21.3K shares	$1.4M 133.0K shares
D Dynamic Advisors Solutions LLC Institution	+$215.7K +20.9K shares	$544.1K 52.8K shares
Gitterman Wealth Management, LLC RIA/Wealth	+$209.7K +20.4K shares	$325.3K 31.6K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	+$145.5K +14.1K shares	$145.5K 14.1K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$144.3K +14.0K shares	$289.7K 28.1K shares
Engineers Gate Manager LP Hedge Fund•Quant	+$103.4K +10.0K shares	$103.4K 10.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
Polar Securities Inc. Hedge Fund•Multi-Strategy	−$1.6M −159.4K shares	$4.5M 438.9K shares
North Star Investment Management Corp. RIA/Wealth	−$638.6K −62.0K shares	$3.0M 289.4K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$387.4K −38.0K shares	Sold Off 0 shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	−$326.7K −31.7K shares	$201.6K 19.6K shares
BARD ASSOCIATES INC RIA/Wealth	−$253.4K −24.6K shares	$1.4M 137.2K shares
B BlackRock, Inc. Institution	−$211.4K −20.5K shares	$5.9M 570.0K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$207.3K −20.3K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$189.3K −18.4K shares	$177.3K 17.2K shares
J JANE STREET GROUP, LLC Institution	−$176.9K −17.4K shares	Sold Off 0 shares
MORGAN STANLEY RIA/Wealth	−$171.8K −16.7K shares	$582.0K 56.5K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited GWRS in Q3 2025

New Positions: 7
New Value: $3.6M
Exited Positions: 7
Exited Value: $858.4K

New Positions

Institution	Position Value
TSP Capital Management Group, LLC Private Equity	$3.3M 322.6K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	$145.5K 14.1K shares
Engineers Gate Manager LP Hedge Fund•Quant	$103.4K 10.0K shares
Farther Finance Advisors, LLC RIA/Wealth	$13.2K 1.3K shares
CULLEN/FROST BANKERS, INC. Institution	$7.7K 751.0 shares
Hartland & Co., LLC RIA/Wealth	$536.0 52.0 shares
Sunbelt Securities, Inc. RIA/Wealth	$62.0 6.0 shares

Exited Positions

Institution	Previous Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$387.4K 38.0K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$207.3K 20.3K shares
J JANE STREET GROUP, LLC Institution	$176.9K 17.4K shares
MetLife Investment Advisors, LLC Insurance Manager	$68.3K 6.7K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$17.9K 1.8K shares
ROTHSCHILD INVESTMENT LLC RIA/Wealth	$306.0 30.0 shares
PRINCIPAL SECURITIES, INC. RIA/Wealth	$214.0 21.0 shares

Options Activity

Institutions with the largest Call and Put options positions in GWRS as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with GWRS as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
TSP Capital Management Group, LLC Private Equity	Aaron Michael Perrine Managing Partner	0.89% $3.3M	1.17% 322.6K shares	Q3 2025 Held for 2 months	$373.7M
Redmond Asset Management, LLC Long Only Manager	Robert Scott Redmond Managing Partner	0.84% $3.4M	1.20% 330.3K shares	Q1 2020 Held for 5y 8m	$407.3M
BARD ASSOCIATES INC RIA/Wealth	Timothy Bard Johnson Founder	0.38% $1.4M	0.50% 137.2K shares	Q2 2016 Held for 9y 5m	$376.6M
CLARET ASSET MANAGEMENT Corp RIA/Wealth	Monique Elizabeth Milford Gravel CEO	0.29% $2.3M	0.83% 228.1K shares	Q4 2017 Held for 7y 11m	$817.2M
H HEARTLAND ADVISORS INC Long Only Manager	William Richard Nasgovitz CEO	0.25% $4.6M	1.64% 450.0K shares	Q1 2025 Held for 8 months	$1.9B
North Star Investment Management Corp. RIA/Wealth	Peter David Gottlieb President	0.19% $3.0M	1.05% 289.4K shares	Q4 2016 Held for 8y 11m	$1.6B
PERRITT CAPITAL MANAGEMENT INC Long Only Manager	Mark J Buh President	0.17% $360.5K	0.13% 35.0K shares	Q3 2018 Held for 7y 2m	$211.0M
PENN CAPITAL MANAGEMENT CO INC Long Only Manager	Pamela Marie Lawrence President	0.14% $1.8M	0.65% 178.0K shares	Q1 2025 Held for 8 months	$1.3B
Polar Securities Inc. Hedge Fund•Multi-Strategy	Richard Gregory Lemaich CEO	0.13% $4.5M	1.60% 438.9K shares	Q1 2020 Held for 5y 8m	$3.4B
ELCO Management Co., LLC Hedge Fund•Long/Short	Paul Elliot Managing Partner	0.13% $256.0K	0.09% 24.9K shares	Q4 2016 Held for 8y 11m	$191.4M

Hedge Fund Spotlight

Discover hedge funds investing in GWRS

GSA CAPITAL PARTNERS LLP

Hedge Fund • Quant

Portfolio ManagerDavid Khabie-Zeitoune

Portfolio Value: $1.1B
Positions: 1,504
Last Reported: Q3 2025

Sector Allocation

Position in Global Water Resources

Market Value: $145.5K
Shares Held: 14.1K
Portfolio Weight: 0.01%
Owned Since: 2025-Q3

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